Solar Industry Magazine

Earlier this month, the U.S. Department of Energy (DOE) and the Internal Revenue Service (IRS) released $150 million in unused advanced energy manufacturing tax credits for clean energy and energy efficiency manufacturing projects across the U.S.

The credits are the remnants of $2.3 billion in funding authorized under Section 48C of the American Recovery and Reinvestment Act of 2009, and they cover 30% of the cost of new, expanded or re-equipped facilities in the U.S. for manufacturing wind turbines, solar panels and other equipment used in renewable energy projects.